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last october at the values voter summit. it has been crisscrossing the united states registering voters of sporting concerted candidates are running for office, and shining the light on this administration and its failed policies. please take a few minutes to step on board between new and to, today and tomorrow. it's parked recognize the exhibit hall. just follow the signs. you can't miss it. speaking of the exhibit hall we are delighted to have many profamily conservative organizations from all over the country or exhibiting with us. in fact, the second year in a row with so many we had to overflow in the air on the other side of the exhibit hall and was called birdcage walk. we plan to visit these wonderful exhibitors and to show them your appreciation for all the work they do. we are pleased to have our good friend of the media research center again as or sponsor of new media wrote located in the ballroom and, of course, you'll be hearing from a president roosevelt later in the program. almost finished. hang in there. i'm trying to make these announcements as dynamic as possible. [la
is still very volatile. >> absolutely, and going forward the united states is going to have to deal with this. to what extent do we make foreign assistance conditional? if so, on what kinds of behavior is? this is not limited to libya of. this is going to be the case in cairo with egypt's going forward. this is going to be an extremely difficult diplomatic process. there are going to be moments of instability, and this is not going to be short lived. i think we are talking about years and decades of uneasy relationships with regimes that are unable or unwilling to be a partner with the united states. >> you have often said this is going to take time, but we have seen what protests in tunis, protests in libya, protests in egypt, you think the washington establishment has come up with a convincing way of dealing with the arab world in light of the arab spring? >> the short answer is no. part of the middle east is i believe there is a reduction of influence for all outsiders. there is also reduction of influence for authority. it is not clear what governments can control, so i think it
. the united states drew a clear, red line. iran backed off. different lines can be drawn in the i iranian nuclear program. but to be credible, a line must be drawn first and foremost in one vital part of their program -- on their efforts to enrich uranium. let me explain why. any bomb consists of an explosive material and a mechanism to ignite it. the simplest example is fuse.der in and a you light the fuse and set off the gunpowder. the gunpowder is enriched uranium in regards to iran's nuclear program. the fuse is a detonator. for iran, amassing enough uranium is far more difficult than producing a nuclear fuse. for a country like iran, it takes many, many years to enrich uranium for a bomb. that requires thousands of center fuses spinning in tandem in big industrial plants. those are green plants are visible. they are still vulnerable. in contrast, iran could produce a record detonator, the fuse, in a lot less time. maybe under a year. maybe only a few months. the detonator can be made in a small workshop the size of the classroom. it might be difficult to find and target that workshop
is unthinkable. and devastating. and when i become president of the united states, we will stop it. i will not cut our commitment to our military. >> the president once again blasted romney's hidden camera comments on the 47% of americans he dubbed victims of government dependence. >> i don't think we can get very far with leaders who writeoff half the nation as a bunch of victims who never take responsibility for their own lives. >> 47% of the people vote for the president no matter what. who -- >> the obama campaign turned romney's secretly recorded remarks into a devastating new ad claiming the gop nominee's words under the families and veterans. >> so my job is not to worry about -- they should take personal responsibility. >> romney two days in a row out to link national security to the nati sluggh recovery. he's seizing on new economic data revising down the 2nd quarter gdp. >> this is not just one quarter. this has been going on now for years. china's growing much faster than we. russia's growing faster than we. our economy needs to be reinvigorated. >> but not all the numbers
in doing so, and these will not break the bonds between the united states and libya. >> the new prime minister has just been named after the recent elections, but the killing shows that in and when a new libya, armed groups continue to act seemingly with impunity. in cairo, demonstrators are blaming the u.s. for the film. it is a challenge for the muslim-lead government which has condemned the film while calling for protests. in libya the government will want this type of demonstration, pro america but against the film. the danger that in might be viewed across the region as legitimate anchor. -- anger. >> i am joined by the u.s. state official who served as the president of the council on foreign relations. we do not know the motives behind the attack, but what we do know is this is a very unstable country. we have a government that is moderate or pro-american, but that is not true of everyone. >> it underscores the reality it is one thing to out of authoritarian regimes, and it is something -- to ask authoritarian regimes, and it is something different to meet international obligati
that the united states has to survive. it has to survive to show the world that the representative governments can work. the kids in 1848 in a series of revolutions in europe as they see it a failed as the democratic revolution, and so they see the united states this is it, the world's last shot. it has to work your order will never be tried again. so the states think they can destroy the government which is how the unions see it because they don't like to get elected. they said self-government doesn't work, so we have to prove that the thing can survive and that's how they start. but you don't have to be in a very long before they begin to think why do they get into this to begin with? talk to this virus and slaves -- southerners and slaves and they got into the problem to begin with because the institution of slavery. if you want to solve a problem, the only way to do it is to root out the cause. so union soldiers made a shift much earlier than i had anticipated. the big shift begins in the summer of 1861 with soldiers beginning to write home to their families and elected officials to say that i
of the united states. >> find any speech from both the democratic and republican conventions online at the c-span video library. >> during the republican and democratic conventions, we're asking middle and high school students to send a message to the president, as part of this year's c-span student cam video documentary competition. in a short video, students will answer the question, what's the most important issue the president should consider in 2013? for a chance to win the grand prize of $5,000, and there's $50,000 in total prizes available. c-span's student cam video competition is open to students grade 6-12. for complete details and rules, go online to student cam.org. >> i want c-span, c-span2 and the books portion of c-span, because i feel it's important to be knowledgeable about what's going on in the world, and i feel that c-span gives the most information about what's going on in specific subjects, where a lot of television doesn't do that. >> hillary pate watches c-span on comcast. c-span, created by america's cable companies in 1979, brought to you as a public service by your
the group's assets in the united states in a move that is hardening the taliban. here's our report. >> reporter: the haqani network has repeatedly launched terrorist attacks in neighboring afghanistan. the u.s. accuses pakistan of supporting the group, but pakistan dismissed it, wh which has become a sticking point in bilateral relations. the pakistani government raised the u.s. classification in a statement and calls the move a u.s. internal member. it adds the members of the network are not pakistani citizens and pakistan cannot answer for any of their actions. the u.s. have often urged pakistan to mount military operations against the haqani network at its stronghold in northwestern pakistan. following the designation of the network as a terrorist organization, the usa could put even more pressure on pakistan to take action. >> thank you very much. >> reporter: meanwhile, the taliban is ramping up its resistance. one of the taliban members involved with secret talks with the u.s. in qatar gave a warning when he spoke to nhk last month. >> it will pay to have involved in the peac
was that, as the group here in the united states -- the united way is allowed to deduct from paychecks, yes? in order to have their funding, we wanted to have the same kind of thing possible for this international overseas giving program, which encompassed about 10 very worthy groups. we were actually beaten down on that by the united way who did not want anyone else to have such president, such a privilege, even though the funds -- such a precedent, such a privilege, even though the funds would not be competitive. it would not be going to anybody else in the country but overseas. isen's health care considered in many places a luxury and certainly far down on the list of the imperatives for that nation's funding. >> what should we take away from the virginia state legislators attend to require ultrasound for any women seeking abortions. [laughter] >> you know, it is a good thing my daughter is here. i woke up this morning -- somebody had brought this up yesterday and i was so bloody angry i said, you know what i am tempted to say and she said, don't say that, mom. so i will follow my daught
for half of our fellow american americans is the other side's choice for president of the united states. he wants to lead our country. in 2008, then candidate obama spurred similar controversy when he was caught on tape at a fund-raiser making these comments about conservative voters. >> it's not surprising then that they get bitter. they cling to their guns or religion or antipathy towards people who aren't like them. >> now, of course, all of this is coming as romney is trying to talk about jobs. that's the point he was making here in los angeles. chamber of commerce, when he spoke to that group yesterday. this is a distraction now for him. he heads off to utah and texas. he has fund-raisers there. >> how troubled are they by this? >> they think this is unfortunate. not so much his underlying point, which doesn't really contradict his campaign message, but the way he said it. there's no plans now to really back off this, issue an apology. because it does kind of square with a lot of romney's message, which is that the president has a campaign that wants more government, big government. an
's a crude film. they know it has nothing to do with the united states government. it is an excuse. one intelligence person told me, if you scratch the surface, and if you gave every street vendor from street vendor to prime minister in that region a chance to throw a rock at the u.s. embassy, they would. so this is their excuse. >> look at what's happening in afghanistan 11 years later. >> and look what's happening in afghanistan. and is it just me? willie, is it just me, or is it -- we have the grave concern about the tragedy that happened to the ambassador and our people that have served so proudly for, you know, for the state department who were killed. and yet this weekend, more u.s. troops in afghanistan gunned down by our supposed allies. this happens every day. this happens every day. and yes, our u.s. ambassador being killed is just absolutely horrific. but every single day, young american men and women are gunned down in afghanistan. >> 51 of them this year on insider attacks. 51 nato troops including many americans this year. >> nobody's talking about it. >> to your point exa
interest and what can the united states do around what can it afford to do to defend that national interest? >> well, if you're not superpower.e not a i have one and 1/8. one is we have to have the money to pay for defense. we've got to manufacture here, believe it or not folks, you can't ship it all overseas, you have to make it here. you can't convert from potato chips to emergency. we've got to make things here. you just can't ship them overseas more. i hope we talk more about that. the second thing, on prhave to help russia succeed in the revolution and all the republics. when we talk about russia, we're thinking about many countries. that's pennies on the dollar. third, we've got all kind of agreements on paper and some being executed on getting rid of nuclear war heads. russia and the republics are t of control at best than what we control right now. it's an unstable situation. you have every counselry -- country over there trying to buy weapons. we really need to nail down the intercontinental bow listick missles. the ones that can hit us from russia. we're focused there.we made. we
first. so of not red or blue states, what the united states. i no they're not that many football fans here today. my first story about president obama has to do with football. he was the last interview that i did for my book. i interviewed three andrew and 50 people will for him and traveled the world. i thought about what i would -- how i would break the ice with him for a long time. i remembered that he is a bears fan than i am a pakistan and that two years ago when the packers played the bears in the nfc championship game president obama announced that if the bears won he was going to the super bowl. the packers won. and the star player on the packers after the game got up on the table of the jesse berman said, president obama will come see us, but we're right to go see him at his house meeting if you win the super bowl you to visit the white house. this was their star quarterback, so when i finally got my interview with president obama and shook his hand and said, mr. president, charles got here before me, but i'm glad we both finally made it. he said, yeah, man, those packers wer
and articulate oneself in a peaceful mood. >> we have to wrap it up there. thank you. >> the united states is calling a russian decision to expel eight workers from a usaid agency regrettable. >> moscow says the reason american money to influence russia elections. >> u.s. government agency has supported activists and human rights groups with more than $2.7 billion since 1991. and out until october 1 to leave russia. -- they now have until october 1 to leave russia. >> usa i.t. has been in russia since the end of the soviet union, but now they have been ordered out by the russian interior minister. officials accused usaid workers of meddling in politics. >> this is about the fact that america wants to use development funds to influence russian politics and in -- and exert influence on elections. >> thousands of russians hit the street again and again to protest against vladimir putin. they accuse him of corruption and electoral fraud. observers uncovered irregularities during the parliamentary and presidential polls last winter. those observers were from a group funded by usaid. there are r
's why i'm running for a second term as president of the united states. now, hold on a second. i want you to know, though, because some of you may not have been paying attention at the convention because you were still thinking about michelle and how good she was. [ cheers ] or maybe you're still talking about president clinton and how he broke it down. well, i want everybody to be clear. the path i'm offering isn't quick or easy. it's going to take more than a few years. to deal with all the challenges that we face. but let me tell you something, when i hear the other se talking about how the nation's in decline, i tell them, you must not be getting out much because this is america. and we've still got the best workers in the world and the best entrepreneurs in the world and the best scientists and researchers in the world, and the best colleges and universities in the world. and there's not a country on earth that wouldn't trade places with us right now. so i'm confident our problems can be solved. our challenges will be met. the path i offer is harder, but it leads to a better place. b
and commitments of the united states. i think the american jewish voters who support obama resonate to, whether wisely or not, they see in him a character whose values are in line with them and then will trust that his support for israel will get there. do i think a lot of people how have reason to question that the last three and a half years. yes, do i think the numbers are going to go down. >> yes. do i think that the obama campaign should worry about that. and not worry about it because of what it says about american jews. i think that america should worry about it because it says if they are weak about the relationship with israel that's not a jewish vote that's an american security thing that weakens all of us. >> i've got to bring up the issue of president obama's what some see as an apparent tilt towards muslims in the middle east. that's an apparent tilt. apparently to a lot of people, not to mention the refusal to meet with bb netanyahu. >> which i think was a terrible mistake. >> doesn't that lower the number of proportion of the jewish vote for president obama? >> i think it will. >
as assistant secretary of the navy and went on to become vice president and president of the united states. in 1916, roosevelt the secretary of the navy. he has been appointed to the record as the associate justice by president william howard taft. but he resigned in 1916 to become the republican candidate for president and he ran against woodrow wilson and a dreadful campaign he was the odds favor, but ultimately lost california by 4000 votes and therefore the election. he went to bed the night of the election thinking he had one. franklin roosevelt was said that wilson supporter went to bed thinking he's had one also. and the next morning the returns from the midwest and particularly california came in and it turned out that wilson one the election just rarely. roosevelt continued as assistant secretary of the navy and then he has to act to private practice in new york city. roosevelt in 1920 became the vice residential candidate of the democratic party, running with governor james cox of ohio. they got trapped by calvin coolidge and warren harding, coolidge's republican party. and at th
, and he is the president of the united states. wilson, he is sick. but he sends his secretary of state to the convention to emcee the convention. >> host: he wanted the nomination. >> guest: he wanted the nomination, and harding, coolidge, hoover, fdr is on the ticket as a vice presidential candidate, and so you have this hook and so much else going on with the league of nations and everything other thing. and 1960, we move on to where you have three titanic personalities. we don't have six but we have three of the biggest name brands in presidential personalities ever. kennedy, nixon, johnson, and so very, very different. so very, very different amibitions in terms of personal, and something which i think resonates so much with folks who are reading books today. 1948, a great cliffhanger, and we love to listen to the experts and get the weather reports, and they're always wrong, and the polls are always wrong, and the experts are always wrong, and by god we love it when we're smarter than they are, and it turns out we can look back in hindsight and see how wrong they were in 1948. and
, perhaps even the first latino president of the united states. he knows full well why he was picked to give this speech. in his words he said, i'm young, and i'm hispanic. >> hey, everybody. i'm julian castro. >> reporter: first thing you need to know, it's pronounced julian castro. the j is silent. not julian. but even if you get the spanish wrong, don't worry. san antonio's mayor has never mastered spanish either. >> i understand it better than i speak it. i grew up in my household with my mother and grandmother mostly speaking english. i understand it, but speaking it back is always the challenge. >> reporter: julian castro's grandmother immigrated from mexico and worked in the chicano movement in san antonio. from the humble beginnings, julian and his twin brother went on to stanford university and harvard law school. now he is a rising star in the democratic party, tapped to give the keynote speech at the democratic convention, the same speech an unknown barack obama gave at the convention in 2004. >> you get talked about as someone who could be the first hispanic governor of texas. so
about this today. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure or diplomates. i've directed my administration to increase our security at diplomatic posts around the world. >> the attacks of libya and egypt underscore that the world remain aes dangerous place and that american leadership is still sorely needed. in the face of this violence, america cannot shrink from the responsibility to lead. leadership is necessary to ensure that events in the region don't spin out of control. >> all this happening as israeli prime minister benjamin netanyahu is using the strongest language to date about using force to stop iran from developing a nuclear weapon. this brings up the issue of making the u.s. less dependent on foreign oil. should we get off of middle eastern oil? chris, you first. all of this make you nervous about how much we depend on that region for our energy needs? what's the answer? >> well, you know, you look at saudi arabia providing 20% of the oil imports for this country. amer
candidates for president of the united states, sponsored by the commission on presidential debates. the candidates are: independent candidate ross perot, governor bill clinton, the democratic nominee, and president george bush, the republican nominee. i am jim lehrer of the macneil- lehrer news hour on pbs, and i will be the moderator for this 90-minute event, which is taking place before an audience in the athletic complex on the campus of washington university in st. louis, missouri. three journalists will be asking questions tonight. they are john mashek of the boston globe, ann compton of abc news, and sander vanocur, a freelance journalist. we will follow a format agreed to by representatives of the clinton and bush campaigns. that agreement contains no restrictions on the content or subject matter of the questions. each candidate will have up to 2 minutes for a closing statement. the order of those, as well as the questioning, was determined by a drawing. the first question goes to mr. perot. he will have 2 minutes to answer, to be followed by rebuttals of one minute each fro
of nuclear missiles, getting way ahead of the united states in defense and wait it was so dangerous that we might lose the cold war. kennedy said that over and over again. to some extent, one of the reasons that he won the election in 1960. he gets into office and has access to intelligence and realizes that actually soviets are way behind, extremely behind. there is a missile gap in the united states. the problem was that kennedy in the campaign, they said that we need hugely increased defense in order to make up for it and he was committed to that. the result was in 1961 at that time, the largest defense bill in human history, and it was to a great extent that it made -- needless to say, the missiles could have caused a lot of destruction. >> host: wended nikita khrushchev come on the scene? >> guest: it did take some people to the blog, but not nikita khrushchev. there were two leaders who were essentially a joint leadership. by 19541956, khrushchev was a supreme leader. >> host: what policy changes came with his ascension? >> guest: khrushchev would've been shocking to anyone in the wes
of the united states in defense and wait it was so dangerous that we might lose the cold war. kennedy said that over and over again. to some extent, one of the reasons that he won the election in 1960. he gets into office and has access to intelligence and realizes that actually soviets are way behind, extremely behind. there is a missile gap in the united states. the problem was that kennedy in the campaign, they said that we need hugely increased defense in order to make up for it and he was committed to that. the result was in 1961 at that time, the largest defense bill in human history, and it was to a great extent that it made -- needless to say, the missiles could have caused a lot of destruction. >> host: wended nikita khrushchev come on the scene? >> guest: it did take some people to the blog, but not nikita khrushchev. there were two leaders who were essentially a joint leadership. by 19541956, khrushchev was a supreme leader. >> host: what policy changes came with his ascension? >> guest: khrushchev would've been shocking to anyone in the west. but khrushchev actually realized th
. thank you. >>> the bodies of the four am in the united states. u.s. marines saluted the coffins at andrews air base. those killed were ambassador chris ste vaccines, first ambassador killed in the line of duty in 33 years. navy s.e.a.l.s tyrone woods and glenn dougherty and sean smith. third coffins arrived on friday. at the memorial service both secretary of state hillary clinton and president obama spoke about putting an end to the violence. >> it is senseless, and it is totally unacceptable. the people of egypt, libya, yemen and tunisia did not trade the tyranny of a dictator for a tyranny of a mob. >> we will bring to justice those who took them from us. we will stand fast against the violence on our diplomatic missions. we will continue to do everything in our power to protect americans serving overseas -- >> u.s. embassies around the world issued alerts advising americans to review their security measures. for more we turn to margaret brennan. what are american embassies doing at this point? >> they are pretty much on lock down. you have a real focus on securing the perime
, or is this something much deeper, a long simmering distrust of the united states? >> it's all the above. it's much long-simmering resentment of the united states. it has some legitimate reasons, but it's essentially a pretext, and it is not really about religion. it's about politics and world power. it's about what's taking place in these countries that are going through a tremendous complex, painful transition. take egypt, for instance, extremists and islamists with different interpretations of islam competing with the mainstream islamist group in egypt which is the muslim brotherhood. >> right. >> they whipped up frenzy against the movie initially, and then the president, who is very cynical, was looking to protect his flanks so he called for more demonstrations instead of containing the demonstrations or condemning them so what you have is a competition in egypt as to who is going to shape the future of egypt, and using this movie as a pretext. >> which raised the question. is this about the united states really at all, or is this about uncertainty in these people's own futures and their religious l
bodies of her mother, father, and grandmother. >> still to come on gmt, the search is on in the united states for those behind an elaborate bank robbery. was a real or was it a hoax? bullfighting has been shown live on spanish public television for the first time in six years. the ban has been lifted by the spanish prime minister. >>♪ >> supporters say it celebrates spain's cultural heritage. critics insist it is outdated and cruel. six years ago, bullfighting was banned from the widely watched television channel, a decision made by the previous socialist government. now bullfighting is back on state tv in a prime-time spot. >> i like it very much because young people will once again see the bulls and a this is what we want. >> it seems very good to me indeed. it is about time. >> the decision was made by the pro-bullfighting prime minister who is hoping to make the sport a staple of spanish tv once again. but the move has angered animal rights campaigners. >> we see this as a backward step not only from a social and ethical point of view about what it means for torturing animals. >>
as water levels reach more than a meter. the pakistani doctor who helped of the united states to locate osama bin laden's hideout has told a u.s. tv network that the country that is powerful -- powerful spy agency, isi among regards america as its worst enemy. in an interview from his present in bashar dr. shakil afridi said the deposed who interrogated him said he helped pakistan that a worst enemy, worse even than the indians. pretty extraordinary remarks if they stand up to scrutiny. >> yes, although that is how a lot of people imagine the pakistani intelligence agencies do you the world. a lot of pakistanis, indeed, the things that way as well. a great deal of anti-americanism here at the moment. but this is all focussed on dr. shakil afridi, a man arrested about 20 days after the raid in which osama bin laden was killed because he had set up a fake vaccination program, and the idea was that he somehow obtained a blood samples and dna samples from the bin laden compound in order to verify whether the al-qaeda leader was there are not. we are not clear about whether he was ever able
american forces, became two-term president of the united states and the for some reason the los angeles press corps was paralyzed in place. so i stepped forward and i began asking questions of what i called, general eisenhower. i didn't call him the president because, to me had always been a general. we had really good exchange. and in which he said he wanted reagan to run as a favorite son in six at this it. -- '68. you thought that with be good for the party around good for the country. that was in his own way a shot at rich richard nixon. >> guest: boom, you write, one minute ike and man in gray flannel suit in the lonely crowd and next minute, tune on, tune in, drop out, time for we shall overcome and burn baby burn. while americans were walking on the moon, americans were dying in vietnam. there were assassinations and riots. jackie kennedy became jackie o. ty e-die shirts rpt martin luther king, jr. george wallace, tom hayden and. mick jagger and wayne newton. well you get the idea, boom. >> guest: i don't want to overstate this seldom in our recent history at least has there been
the very stylish, 34-year-old first lady of the united states surrounded by all these dashing people and then that came to an end. and the war began to heat up and suddenly the country seemed, seemed to come unhinged in a way. all the values of the world war ii generation come home with challenged within their own families. institutions of government, place of government in our lives. the idea of loyaltity and patriotism all went out the window. civil rights movement went from nonviolent movement led by dr. king depending on rule of law, it went to the streets. you know, violence in america is as as american as cherry pie. so it was a, it was a head-snapping time. there was no question about it and the fact that we emerged from it and reasonably good shape is still fairly astonishing to me. it is a real tribute to the tense aisle strength of this country in a lot of ways. >> host: i began my marriage, tom brokaw writes and my career as journalist in 1962, a straight arrow product of the 1960s. by the time decade was over i had my first taste of the marijuana, i had long hair and week
of a significant downturn in the united states economy. >> so if you have a downturn, there's a possibility that you don't have that right mix and that you could have a downturn. the odds of that are comparatively low but i worry about it because it's significant possibility. i described it as though, imagine you're on an airplane that's flying from here to los angeles, you're probably going to get there okay but if you hit an air pocket and meaning if the economy goes down, there's not an easy way to reverse it. monetary policy is less effective because when you buy a bond, when the federal reserve makes a purchase, that has the effect of giving money to somebody who won't put that money into something like that bond. and that money does not easily go to people who spend it, that's a balance between monetary and fiscal policy and i worry about the policymakers getting that balance right. that's a possibility and a scary possibility. other than that, i think the most likely situation is we will fly successfully from here to los angeles essentially but we have longer risks. you need a balanc
. this is an election for president of the united states -- >> right, no, and i would agree with you on that and that's not what i'm saying so i'll stop you there if i can. i agree with you on that. i'm not saying how you look, i guess you would say how you can command and navigate a debate is, might be equally as important to the specifics of what you're saying. which is not quite how you look. >> well, but it has to do with, look, when president obama was elected, he got elected on a blank slate, or see in me what you want to see in me. then what happened was, what he saw was tax increases and growth of government, joblessness remaining high for 43 months, are big concerns. that is what people want to think about. and quite frankly, i think that if all the media will talk about in these presidential debates is how someone looked and did they have their shoulders high, et cetera, that's a glamour contest. when i talk to families they want to know what does this mean for our kids? what does this mean for us and jobs? and that's going to be the big takeaway. the substance later on, not just how someon
of the market. it is in the hands of the eflt cb not the hands of united states. >> we should point out tomorrow we will get some sort of plan or are expecting to from the ecb perhaps some details about a bond buying plan of some kind that we're hearing some things about today. the market may be disappointed in that these reports seem to indicate they'd be targeting three years and less in terms of maturity. that they would not have a yield target perhaps, say we're not going to let it go above 7%, and that it would be sterilized purchases. there are some who believe, hey, you need to actually increase the money supply. really if you're going to get things moving in europe but of course the germans are always concerned about inflation and sterilization which basically means they'll try and take in as much in deposits as they buy in bonds. sort of keeping -- >> somebody tweeted this morning fed bernanke needs to show them how you really print money. and, jim, one other facet of this report is that the head of the bach the german still remains the one lone hold out to this bond buying policy meani
been informed that barack obama is now our party's official nominee for president of the united states of america. [cheers and applause] ♪ >> congratulations, mr. president. congratulations, america. jenna: that look like a great workout. [laughter] jon: jane fonda. they are working out, they are partying in charlotte, aren't they? wow. jenna: certainly a lot of movement and a lot of excitement. jon: a lot of happiness there. and now the voters decide. good morning to you, i'm jon scott. jenna: hi, everybody, i'm jenna lee, and we're live at the democratic national convention as president obama gets ready for his big night tonight where he will accept his party's nomination for a second term. but another democratic star stole the show last night. three guesses, jon. jon: could it be bubba? jenna: that's right. in a nearly 50-minute speech, bill clinton fired up the crowd, warning the country not to return the white house to republican control while offering a stirring endorsement of president obama. take a listen. >> we democrats, we think the country works better with a strong middl
aren't moving anywhere. it's on hope they can get it rationalized. united states is on fire and everyone keeps saying why can't we buy ford. because of latin america and europe. >> facebook, a bit backward looking, but the best day yesterday since that ipo. it's almost you can't say ipo without saying botched ipo. that's the way everybody says it. was there a turn yesterday? >> i think that you're going to have a well p like situation is what people hope. yelp was a giant lock up that expired and all the shorts were piled on. it went up seven. you have to bet that everyone is overly short facebook to get this thing going. i think it's more of the dynamics of the lock up in actual earnings. >> the big lock up is coming november and by november, we'll have more than a million shares hit the market. >> that's a big lock up to overcome. >> aig was remarkable. had 600 million shares hit, but aig of course was valued at half book. facebook, not valued at half book. >> taking a look at the financials, it is worth noting because xlf closed at five-month highs. taking a bit of a brea
from the united states capitol building. not much going on here in washington these days. if the president comes back in town, it is usually only to spend the night and then he's back on the campaign trail as he was yesterday in virginia. what a quinky dink. romney and obama both in ohio on the same day and both in virginia this week on the same day. do you think they're coordinating their schedules? maybe they ought to ride on the same bus. make things a lot easier, wouldn't it? we've got lots and lots to talk about here on the "full court press" today and lots you'll want to call about at 1-866-55-press. that is our toll free number. peter ogborn and dan henning as always. team press here. >> happy friday. >> with cyprian bowlding on the cameras. >> nice to see you. >> bill: everything good. "saturday night live" had a lot of fun last night. they did a thursday special. they do this sometimes during presidential elections. and they've got this new guy who plays president obama. >> i like him. >>
-islam internet movie made in the united states that washington has publicly and repeatedly denounced. >> the united states government had absolutely nothing to do with this video. we absolutely reject its content and message. >> reporter: the protesters aren't listening to that. authorities in cairo are erecting new walls around the embassy to prevent mobs from getting close, evidence in concrete of the growing divide between washington, cairo and beyond. there have been demonstrations against the offensive video in 11 countries so far. half of them in places where washington supported arab spring uprisings that toppled strong men who had formerly been u.s. allies. the arab spring has taken a dark turn. in yemen on thursday, protesters managed to break into the parking lot of the embassy in sanaa, destroying vehicles, smashing windows and even using a forklift to do more damage. no embassy staff was hurt. entering this volatile region now, the pope, leaving rome today for a previously scheduled visit to lebanon. so far there hasn't been any violence there. but today is friday, the mu
, sadly adopted by the united states congress at the request of president bill clinton back in 1993 which said rather than just saying gays can open -- can serve openly in the military which is what we should have done and what clinton should have done, he was afraid of the pentagon, afraid of the generals probably could not get that passed in the congress to tell the truth at that time. so instead an open invitation for gays and lesbians to serve in the military. lgbt folks. he said here's what we're going to have. this policy, don't ask, don't tell. yes, you can serve as long as you never tell anybody you're gay. which was just dumb as hell! and it didn't work, of course. and a lot of really, really good people got thrown out of the military either because they refused to live a lie or because of the fact that somebody ratted on them, knew they had a girlfriend or boyfriend or whatever. ratted on them and they get thrown out and we lost a lot of people particularly a lot of people who spoke arabic and we were really
's the best case scenario. >> does allow us to focus on the united states. >> exactly. >> we're probably doing better than any economy in the world. >> you're not trying to whistle past graveyards on that front, right? you're not trying to ignore europe. >> melissa mentioned the trading perspective. i think that the traders are saying, okay, now, what do we have here, and when we look at here, well, why don't we see with the steel industry, the auto industry. we focus -- the fill lebeau interview was incredibly important where allan mull ha ly says europe, we don't have it. the truth is united states has it. 14.5 million vehicles. that is a bull market in cars. >> right. >> we are talking about this upgrade today. sun trust, why is sun trust upgraded? i think that's very significant, not just because my trust owns it, but i'm looking at sun trust saying that is, again, the housing market in the south because the federal reserve didn't like sun trust. housing, autos, retail. what else do we need? >> right. >> well, we could use china to start growing a little bit faster instead of going the oth
, our insurance business is growing. we're obviously throughout the united states. we're in many foreign countries. we're in latin america, we're in london, turkey, we're in china, we're in singapore, japan and other countries as we speak. and then our investment side, we're all over. we're invested in china, in the united states, obviously. some in latin america. anyplace we see an opportunity. >> finally, hank, no doubt you saw or heard about my interview with eliot spitzer, which at the end of the day, ended up to be a lot about you. what's your take? did you get feedback on that? >> yeah. you won. i mean, his waving around a document that happened to be nothing to do with what we're talking about, because what he was waving around, i'm told, was a termination by the federal court. but there was an appeal that overturned that. he didn't tell you about the appeal. >> right. hank, good to have you on the program. >> good to be with you. >> thank you for weighing in on the developments at aig, hank greenberg. over to you. >> we'll head toward the break here. markets still trading a littl
is from the israeliss, we are willing to delay a military strike, which the united states has said they want the israelis to do, if america makes some kind of public promise about an attack. so far the words from secretary clinton though don't seem to show the united states is willing to do that, martha. martha: so, there has been a lot of discussion about perhaps an imminent attack coming from israel to takeout some of those facilities. where does all that stand now? >> reporter: if you read the israeli papers in the past month or so they said an attack was virtually guaranteed before the u.s. elections in november. that rhetoric has been dialed down. whether that is intentional as a head fake or that is really going on is yet to be seen. it's very clear that the israelis need to strike sooner than the americans do because the israelis have a much, much more limited long-range bombing capability. either way you can get a feeling from the ground here by what is in the papers. this is one of the main israeli dailies i want to show you from this weekend. this is a picture of all the
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